Marriott Sees Q3 2024 Gross Fee Revenues $1.275B-$1.29B; Sees Adj. EPS $2.27-$2.33 Vs $2.38 Estimate
Portfolio Pulse from Benzinga Newsdesk
Marriott International has provided its Q3 2024 financial outlook, projecting gross fee revenues between $1.275 billion and $1.29 billion and adjusted EPS between $2.27 and $2.33, which is below the $2.38 estimate.
July 31, 2024 | 11:06 am
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Marriott International's Q3 2024 financial outlook shows gross fee revenues between $1.275 billion and $1.29 billion and adjusted EPS between $2.27 and $2.33, which is below the $2.38 estimate.
Marriott's projected earnings per share (EPS) for Q3 2024 are below market expectations, which is likely to negatively impact investor sentiment and the stock price in the short term.
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